Gujarat Gas notes MCA sanction of Composite Scheme, sets record date 12 May 2026
Gujarat Energy · Gas
Key highlights
- MCA order dated 8 April 2026 sanctioning the Composite Scheme was received on 17 April 2026; Effective Date likely on or around 1 May 2026
- Company to issue 62,27,14,719 equity shares of INR 2 each: 35,20,17,714 to GSPC and 27,06,97,005 to GSPL shareholders
- Board fixed Tuesday, 12 May 2026 as Record Date for GSPC and GSPL shareholders and approved change of name to Gujarat Energy Limited
Why it's rated notable: The MCA sanction is received and 62,27,14,719 shares are to be issued under the scheme, but the filing states no rupee value for the transfer, so the level is kept at medium.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Issue of Securities
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Gujarat Energy
- Acquisition / mergerNotableGSPL Transmission Limited equity shares listed on BSE and NSE from Sep 30, 2026
- Fundraise / allotmentNotableGSPL Transmission Limited allots 31.27 crore equity shares to Gujarat Energy shareholders
- Fundraise / allotmentNotableGujarat Energy Limited announces record date for share allotment under scheme
- Acquisition / mergerNotableGujarat Energy gets final listing approval for 62,27,14,719 shares; trading from June 18
- Dividend / buyback / bonusMajor developmentGujarat Energy Limited approves FY 2025-26 results, dividend and director re-appointments
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Gas
on management's own guidance
- GAIL (India)Moderate growth2
- Aegis LogisticsGood growth1
- Petronet LNGModerate growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.